Office
Read the latest real estate industry news with a focus on traditional office space leases, office property sale transactions, new office project construction and adaptive reuse repositioning programs, and more.
ELARC Expands Lease at Alhambra Office Campus
Eastern Los Angeles Regional Center (ELARC) — a nonprofit organization that coordinates and provides community-based services to individuals with developmental disabilities — inked a decade-long lease at The…
Mori Trust Acquires Minority Stake in SL Green’s 245 Park Avenue
Japanese real estate developer Mori Trust acquired a minority share in 245 Park Ave., a 44-story Midtown office space acquired by SL Green Realty in a bankruptcy sale…
Cushman Secures Lease Renewal at 701 Brickell
American multinational law firm Holland & Knight has renewed its lease at 701 Brickell. The company will hold the same footprint (roughly 121,000 square feet spread across six…
Yardi Completes Acquisition of Virtual Office Provider CloudVO
San Francisco-based CloudVO – an online reseller of virtual offices, meeting rooms and other workplace services – has officially joined the ranks of the Yardi commercial real estate…
Madison International Realty Secures Four New Leases at Tower 40
Tower 40 — a 431,350-square-foot Manhattan office space — recently signed agreements for four new leases totaling roughly 47,160 square feet. Formerly known as Chase Tower, the property…
New THRIVE Coworking Location Opens Up Near Atlanta
THRIVE | Coworking — a flexible workspace operator that aims to provide support and work alongside the communities it’s embedded in — has announced the opening of its…
Morgan Stanley Grows Office Footprint at in Palm Beach Gardens
Morgan Stanley is set to expand its existing lease at the Financial Center at the Gardens, a 10-story office space in Palm Beach Gardens, Fla. The investment bank…
Oaktree Gives Bunker Hill Office New Lease on Life
Months after transferring ownership following a foreclosure sale, the office tower at 444 S. Flower St. in downtown Los Angeles is on the cusp of a reversal of…
Samsung Relocates to Vornado-Owned Office in Penn District
Electronics giant Samsung will be moving part of its operations in New York City to Vornado Realty Trust’s Penn 1. The company signed a 10-year lease for 36,000…
Mueser Rutledge Renews Lease at 14 Penn Plaza
After a quarter of a century spent at the 14 Penn Plaza, Mueser Rutledge Consulting Engineers (MRCE) has decided to continue calling the Midtown office building its home for…
